💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
A certain Whale sold 26,600 ETH in the past 2 hours, equivalent to $82.52M.
BlockBeats news, on July 5th, according to on-chain analyst Yu Jin's monitoring, in the past 2 hours, a whale that previously went long on ETH on-chain sold 26,600 ETH and exchanged it for 82.52 million USDT to unload leverage. This caused ETH to drop by $100. This whale had 1/5 on-chain leverage long ETH, borrowed 48 million U to buy 21,192 ETH at a price of $2,265, and held it for six months without moving. Until the recent market turned sharply downward, the whale sold 26,600 ETH 2 hours ago at an average price of $3,102, exchanged it for $82.52 million USDT, and repaid the loan on Aave. Because the whale bought at a low price, he still realized a profit of $22.26 million (+37%) from the sale.